Real Estate Values and Property Tax Valuation in Elbert County, Georgia

Elbert County has a total of 7,836 properties with a cumulative value of $1.4B. This represents 0.18% of all real estate value in Georgia. Property taxes in Elbert County totaled $16.0M, with an average homeowner paying $2,041 in property taxes, which is lower than the state average of $2,360. The average property tax rate in Elbert County is 1.13%, higher than the state average of 1.00%. Properties are typically valued for tax purposes based on their fair market value.

The property tax timeline in Georgia begins on January 1st, when the property values are assessed. Property value notices are then issued between April and July, and property owners have 30 to 45 days after the notices are mailed to file an appeal. Finally, property tax bills are issued on September 1st.

Important Dates
Property Valuation Date:January 1st
Property Value Notices Issued:April - July
Property Tax Appeal Deadline:30 to 45 days after notices mailed
Property Tax Bills Issued:September 1st
Real Property Tax Bill Due (1st of #):May - December, Varies by jurisdiction, Fulton County - October 15th
Available Exemptions
SeniorAvailable
DisabledAvailable
HomesteadAvailable
VeteranAvailable
Solar/WindNot Available
CharitableAvailable

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Real Estate Statistics in Elbert County

Total Real Estate Value
$1.4B
Total Real Property Taxes
$16.0M
Average Property Tax Rate
1.13%
# of Real Properties
7.8K

Residential Property Taxes by Cities in Elbert County

Elbert County has an average property tax rate of 1.13%, which is slightly lower than the state average of 1.17%. This rate applies to all cities in the county, including Dewy Rose and Bowman, which have the highest and lowest effective property tax rates, respectively. Property taxes in Elbert County are relatively low compared to other counties in the state, making it an attractive option for homeowners.

Property taxes in Elbert County vary across cities, with Dewy Rose having the highest effective property tax rate of 1.13%, while Bowman has the lowest effective property tax rate of 1.13%. This means that homeowners in Dewy Rose will pay slightly more in property taxes than those in Bowman. Despite this, Elbert County still has one of the lowest property tax rates in the state, making it an attractive option for homeowners.

Tax Assessment Value

The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Elbert County. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Bowman$12,439$28,751$91,944$154,582$244,322
Dewy Rose$7,039$17,852$82,459$165,528$308,284
Elberton$16,808$48,524$96,072$159,166$249,876

Property Tax Bill

This table shows the percentiles of actual property tax paid on residential properties for each city in Elbert County.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Bowman$142$325$1,040$1,749$2,778
Dewy Rose$80$202$931$1,870$3,482
Elberton$190$549$1,087$1,802$2,827

Effective Property Tax Rate

The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Bowman 1.14% 1.13% 1.13% 1.13% 1.14%
Dewy Rose 1.14% 1.13% 1.13% 1.13% 1.13%
Elberton 1.13% 1.13% 1.13% 1.13% 1.13%

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Real Estate Values in Elbert County

The median home price in Elbert County, Georgia has increased by 31.03% from October 2022 to October 2023, from $145.0K to $190.0K. This indicates a strong trend of rising home prices in the area. However, the home inventory in Elbert County has decreased slightly from 33 in October 2022 to 32 in October 2023. This suggests that the demand for homes in the area is outpacing the supply, which is likely contributing to the increase in home prices.

Median Sale Value
$190.0K
Total Active Listings
32
Annual percent change in median sale price
31.03%

Average Home Value in Elbert County, Georgia

Last updated: November 2023

Percent Change in Total Home Sales in Elbert County

Last updated: November 2023

Percent Change in New Home Listings in Elbert County

Last updated: November 2023

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Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

Mortgage Rates in Elbert County

Mortgages in Elbert County are a major source of financing for homeowners. According to recent statistics, there is a total of $134.0M in outstanding loan amounts across home mortgages in Elbert County, with 1.2K outstanding loans. This represents a significant portion of the total home value in the county.

The median mortgage rate in Elbert County varies across cities. Dewy Rose has the highest median mortgage rate at 4.17%, while Elberton has the lowest median mortgage rate at 3.99%. This variation in rates across cities provides homeowners with more options when it comes to financing their homes.

# of Outstanding Loans
1.2K
Total Outstanding Loan Amount
$134.0M
Properties with Loans
15.65%

Outstanding Mortgages

The table below shows the percentile distribution of outstanding loans on residential properties in Elbert County by city.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Bowman$26,695$52,868$77,089$119,720$213,430
Dewy Rose$26,852$57,009$91,792$145,713$217,939
Elberton$27,345$50,037$83,034$133,528$189,793

Mortgage Rates

The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Elbert County.

City10th Percentile25th PercentileMedian75th Percentile90th Percentile
Bowman 2.90% 3.58% 4.16% 5.48% 6.21%
Dewy Rose 2.92% 3.60% 4.17% 5.29% 6.21%
Elberton 2.90% 3.40% 3.99% 4.79% 6.12%

Housing Expenses in Elbert County, Georgia

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Frequently asked questions

We currently operate in Texas, California, Washington, Georgia, Florida and Illinois.
We use a private national data provider that cross-references with county recorder's offices to verify ownership. If in the event our system is unable to verify the property, our team will take further steps to investigate ownership and reach out to the customer for confirmation.
Our success rate varies across geographies; however, in any given year, we typically win more than 70% of our cases, saving clients an average of $1,457 on their property taxes.
Yes, in the market areas we serve, we have a dedicated Property Tax Consultant that is physically present in the market they are servicing. The specialist assigned to your property has the necessary geographical competence to provide exemplary service!
The average property tax rate in Elbert County is 1.13%.
The following exemptions and discounts are available in Elbert County: Charitable, Disabled, Homestead and Senior

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